Aeries Technology, a subsidiary of professional services and consulting company Aark Singapore Pte Ltd., and special purpose acquisition company Worldwide Webb Acquisition Corp. announced Monday that they will merge and take Aeries public at an implied market capitalization of $656 million, represented by Norton Rose and Shearman & Sterling LLP.
Allurion, a company that says it is dedicated to "ending obesity," and special purpose acquisition company Compute Health announced on Thursday that they will combine to take Allurion public in a deal led by their respective legal advisers, Goodwin Procter and Skadden.
Spectaire, the maker of a carbon emission monitoring device that says it will lower customers' carbon offset payments, announced Tuesday that it had agreed to go public by merging with special-purpose acquisition company Perception Capital Corp. II, in a deal with an enterprise value of $203 million that was advised by Latham & Watkins and Skadden.
A Dick's Sporting Goods customer on Thursday accused the company of selling him a faulty tree climbing stand that caused him to fall and suffer injuries, representing at least the second such lawsuit in the last six months.
Canadian Imperial Bank of Commerce announced Wednesday that it would appeal a decision in New York state court finding it liable for a total of $848 million in damages to private equity firm Cerberus Capital Management, saying it "strongly disagrees" with the ruling.